China's Forex Reserves Plunge to More-Than-Three-Year Low

TODAY: Feb. 8, 2016 PUB DATE: Feb. 8, 2016

China's foreign-exchange reserves fell to the lowest level in more than three years in January, raising questions about how long Beijing can keep burning through the rainy-day funds to defend the yuan without triggering a huge flight of capital. The ...

Oil Prices Hold Steady In Line With Dollar

TODAY: Feb. 8, 2016 PUB DATE: Feb. 8, 2016

By Biman Mukherji Crude oil prices are holding steady in line with the U.S. dollar, but excess supply will likely keep a lid on gains. On the New York Mercantile Exchange, light, sweet crude futures for delivery in March traded ...

China's Central Bank Injects More Cash

TODAY: Feb. 8, 2016 PUB DATE: Feb. 8, 2016

China's central bank pumped more short-term funds into the country's financial system on Saturday, as a surge in demand for cash ahead of the Lunar New Year holiday is starting to squeeze banks' liquidity. Wary of a potential funding shortage ...

Groupe Casino Sells Stake In Thai Retailer

TODAY: Feb. 8, 2016 PUB DATE: Feb. 8, 2016

(FROM THE WALL STREET JOURNAL 2/8/16) By Nick Kostov in Paris and P.R. Venkat in Singapore Groupe Casino SA has agreed to sell its stake in Thai hypermarket operator Big C Supercenter PLC for 3.1 billion euros ($3.46 billion) to ...

Dollar Up Against Yen on Dip Buying, Nikkei Recovery

TODAY: Feb. 8, 2016 PUB DATE: Feb. 8, 2016

By Hiroyuki Kachi The dollar gained against the yen during Asia trade Monday, lifted by dip buying and an improvement in risk sentiment on the recovery by Tokyo stocks. Around 0450 GMT, the dollar rose to Y117.34 from Y116.97 late ...

Australia and Japan Markets Open Lower

TODAY: Feb. 8, 2016 PUB DATE: Feb. 8, 2016

Japanese and Australian stock markets opened lower on Monday after a U.S. jobs report added to uncertainty about the U.S. Federal Reserve's pace of rate increases. Japan's benchmark Nikkei was recently down 1.4% and Australia's S&P;/ASX 200 fell 0.4%. Many ...

Thailand's TCC Group to Buy Groupe Casino's Stake in Big C

TODAY: Feb. 8, 2016 PUB DATE: Feb. 7, 2016

By Nick Kostov in Paris and P.R. Venkat in Singapore Groupe Casino SA has agreed to sell its stake in Thai hypermarket operator Big C Supercenter PLC for EUR3.1 billion ($3.46 billion) to a Thai billionaire, marking a major step ...

Argentina Debt Deal Faces Hurdles Despite Bond Offer

TODAY: Feb. 8, 2016 PUB DATE: Feb. 7, 2016

By Julie Wernau and Taos Turner An end to a stalemate over Argentina's defaulted debt faces a number of hurdles despite the country's new $6.5 billion offer to U.S. bondholders Friday, said people familiar with the matter. An agreement would ...

Why a Business-Tax Overhaul Is So Tricky -- The Outlook

TODAY: Feb. 8, 2016 PUB DATE: Feb. 7, 2016

By Richard Rubin The last big U.S. tax overhaul is making the next one harder. A sweeping 1986 law invited business owners to avoid the corporate income-tax system and enjoy lower taxes by passing profits through to their individual returns. ...

Thailand's TCC Group to Buy Groupe Casino's Stake in Big C

TODAY: Feb. 8, 2016 PUB DATE: Feb. 7, 2016

By Nick Kostov in Paris and P.R. Venkat in Singapore Groupe Casino SA has agreed to sell its stake in Thai hypermarket operator Big C Supercenter PLC for EUR3.1 billion ($3.46 billion) to a Thai billionaire, marking a major step ...

Thailand's TCC Group to Buy Groupe Casino's Stake in Big C

TODAY: Feb. 8, 2016 PUB DATE: Feb. 7, 2016

By Nick Kostov in Paris and P.R. Venkat in Singapore Groupe Casino SA has agreed to sell its stake in Thai hypermarket operator Big C Supercenter PLC for EUR3.1 billion ($3.46 billion) to a Thai billionaire, according to people familiar ...

China's January Foreign-Exchange Reserves Fall for Third Straight Month

TODAY: Feb. 8, 2016 PUB DATE: Feb. 7, 2016

BEIJING--China's foreign-exchange reserves shrank for the third straight month in January, dropping to the lowest level in more than three years, according to data from the People's Bank of China on Sunday. The foreign-exchange reserves fell by $99.469 billion from ...

Thailand's TCC Group to Buy Groupe Casino's Stake in Big C

TODAY: Feb. 8, 2016 PUB DATE: Feb. 7, 2016

By Nick Kostov in Paris and P.R. Venkat in Singapore Groupe Casino SA has agreed to sell its stake in Thai hypermarket operator Big C Supercenter PLC for EUR3.1 billion ($3.46 billion) to a Thai billionaire, marking a major step ...

Argentina Debt Deal Faces Hurdles Despite Bond Offer

TODAY: Feb. 8, 2016 PUB DATE: Feb. 7, 2016

By Julie Wernau and Taos Turner An end to a stalemate over Argentina's defaulted debt faces a number of hurdles despite the country's new $6.5 billion offer to U.S. bondholders Friday, said people familiar with the matter. An agreement would ...

Tech Sector Leads Sharp Selloff

TODAY: Feb. 8, 2016 PUB DATE: Feb. 6, 2016

By Leslie Josephs U.S. stocks declined broadly Friday, led by a rout in technology shares, capping a week that highlighted investors' concerns about tepid economic growth. Friday's slide came after a U.S. Labor Department report on Friday showed job growth ...